Important transactions in Latin America

In addition of being responsible for the establishment of hundreds of offshore investment funds domiciled in many different jurisdictions, as well as for the setting up of various trusts for wealthy Latin American families, lawyers currently practicing in the firm have played an important role in some of the largest and more sophisticated cross border transactions with effects in Latin America.

 

  • Advised an Argentinean company active in the hotel and leisure industry in various Latin American countries (and also in the United States) on a $300 million deal whereby George Soros purchased 10% of the stock of said company.
  • Advised a multinational beverage company in the acquisition of shares of a company which operated a shopping center in Argentina, from a private equity fund.
  • Represented a duly licensed financial advisor in Uruguay with regards to the sale of its assets to a U.S. based financial entity.
  • Assisted a company based in Ecuador in the initial public offering of the shares of the holding entity of the group (which was established in the U.K.) at the stock exchange of Curacao (Dutch Caribbean Stock Exchange).
  • Representing the vendors in a US$150 million transaction involving the sale of stock in a company that owns a major electricity plant in Panama.
  • Advising a U.K. publicly traded company in the tourism sector on aUS$112.8 million acquisition of a Florida based corporation that operates hotels, marinas and yacht charter companies in many countries, including the BVI, Mexico and Peru.
  • Advising a leading designer and marketer of non-prescription reading glasses, sunglasses and costume jewellery with a portfolio of established and highly recognised eyewear brands and operations in Mexico, Canada and the United States of America in a proposed US$173 million initial public offering in the NASDAQ.
  • Advising Corporación Pesquera Inca S.A.C. (as well as one of the major banking institutions providing financing for this transaction) on the acquisition of all the shares, titles and rights of Rab Overseas Corp. and Weimar Trading Corp. for an aggregate price of US$185 million.
  • Advising the third largest European telecommunications company on the proposed acquisition of all the subsidiaries in Latin America of a major U.S. based telecommunications company pursuant to a US$5.85 billion stock purchase agreement with effects in ten countries in the region.
  • Advising one of the world’s largest telecommunications companies on the disposal of its subsidiaries in Latin America to a company in Mexico pursuant to a US$207 million stock purchase agreement (in cash and debt) with effects in several Latin American countries.
  • Advising a U.S. based publicly traded company on the acquisition of all of the assets of a large and well known Argentinean shoe manufacturer in a series of auctions conducted by a bankruptcy court in Buenos Aires for an aggregate purchase price of US$11 million.
  • Advising the same company on the sale of the above investment.
  • Advising a real estate developer based in Puerto Rico in the raising of up to US$505 million through 4 (four) different series of debt instruments, some secured and some unsecured, issued by a BVI company.
  • Advising a BVI regulated fund on a US$24 million credit facility from Santander Bank & Trust Ltd. in the Bahamas.
  • Advising Rabobank, of Brazil, in the provision of US$20 million financing to a company in the agribusiness field.
  • Advising Banco Itau, of Brazil, in a US$45 million syndicated loan agreement granted to a Brazilian company with  repayment secured by a security interest assumed by a BVI based guarantor.
  • Advising a U.S. based investment fund on a US$10 million export pre-payment facility granted to a borrower domiciled in Brazil, to be repaid with the proceeds of the export of leather products manufactured by the borrower.
  • Representing a bank in Brazil on a US$30 million syndicated export prepayment finance agreement with a Brazilian agricultural cooperative who represents a group of farmers involved in soy, cassava, frozen vegetable and poultry production.
  • Advising one of the largest companies in the mining industry in Brazil on a US$250 million stand-by export pre-payment facility agreement.
  • Advising GE Capital on the purchase and lease of an aircraft to a Brazilian company.
  • Representing the first venture capital fund exclusively dedicated in Uruguay on a US$750,000 acquisition of shares in a medical software company, whose business consists of developing medical treatments for balance disorders, using virtual reality software to measure movement.
  • Representing an Argentine company in the tourism industry on a US$1 million venture capital financing.
  • Representing the same Argentinean company in the acquisition of two guest houses in the Commonwealth of the Bahamas and a fishing lodge in Chile.
  • Representing a major private bank in Portugal in connection with several issuances of euro notes in an aggregate amount in excess of  US$200 million.
  • Representing a credit union based in Argentina in a securitisation of export drafts corresponding to exportations made by various Argentinean companies. It was one of the first securitisation programs organised in Argentina after the default declared by that country in January 2002.